(Bloomberg) — Treasuries extended losses after Chinese regulators were said to have advised the nation’s financial institutions to rein in their holdings of US government bonds due to concerns over market volatility. Yields on 10-year Treasuries climbed as much as four basis points to 4.25% before paring the increase to two basis points. The rate…
By Stephen Culp NEW YORK (Reuters) -Wall Street stocks were mixed on Tuesday and Treasury yields dipped as investors weighed upbeat economic sentiment from the International Monetary Fund and Federal Reserve Chair Jerome Powell against revived U.S.-China trade tensions. The S&P 500 and the Dow rebounded after all three major U.S. stock indexes opened sharply…
By Stephen Culp NEW YORK (Reuters) -Wall Street stocks turned sharply lower on Tuesday and Treasury yields dipped as revived trade tensions between Washington and Beijing and the prolonged U.S. government shutdown doused investor risk appetite. All three major U.S. stock indexes veered deep into negative territory in early trading, with megacap momentum stocks pulling…